The gaming industry across the planet has come into its own. It's the new favourite sector and there are many investors who are takers for investment in gaming companies. As the gaming habit, and a seriously great career for some, gets hotter and hotter, so do gaming stocks. Now, you can find an online trading app with great stocks offered up in the sector of gaming. Indian gamers are now in the millions, and these make up a lot of the investors interested in gaming company investments. This is the new preferred hobby sector, and a place for serious gamers to transform hobbies into a lucrative skill set. However, if you want to be a part of the novel “in” crowd in the gaming investment arena, you should get an idea about the Indian gaming sector before you open a demat account online.
An overview of the Indian gaming industry is necessary before you go ahead and open a demat account in the expectation of investing in gaming stocks. This is still a nascent Indian industry, relative to a lot of other countries, and hence, investors should tread with a little care. The popularity of mobile games has only increased, and thus, there is a rise in gaming companies. As the demand for more challenging games continues, more and more companies will spring up, and existing ones will have to innovate to keep up with the competition. However, as with any industry in which you are engaged with, in stock market trading, you must do your research before investing.
The gaming world of India is on a rapid path of growth and development, and gaming is here to stay. At the current moment, the number of companies engaged in active game development is in the sphere of 275. Moreover, at present, the value of the gaming sector in India is Rs. 143 billion. In 2007, this number was only 4 billion. Who drives this almost exponential growth rate?
To invest in any upcoming IPO or some good mutual funds would have been the way to go for investors a few years ago. However, now it's all about young India investing in gaming stocks. Today, a young investor wishes to open a demat account online, through their smartphone, with a single stock in mind, a gaming stock. The main drivers of growth in the gaming industry and hence, in the investment of gaming stocks, are highlighted below:
The Indian gaming sector has generated a growth of 40% from 2019-2020. This has only been built up further in the last few years. With an online trading app, it is very simple to get into investing in the top gaming stocks today, with sentiments for the rise of these on the positive side. India, in the gaming sector, has the potential of capturing 5% of the global market share in the gaming industry. The related fields of visual effects, animation, and comics (along with gaming), show the promise of a CAGR amounting to 20%-30%.
When you open a demat account today, you can start your investing path with top gaming stocks like Delta Corp, Nazara Technologies, Zensar Technologies, and other technology companies that have a direct or indirect link to gaming like Tech Mahindra and TCS. Although there is no upcoming IPO related to the gaming sector, you may well find one in the days to come. For now, India holds a pride of place as one of the leading five digital gaming markets internationally. The sector is touted to see much growth, so investing is a good idea.
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